Credit Cards: How to manage multiple cards without hurting your credit score? Here are 11 key strategies
1 month, 1 week ago

Credit Cards: How to manage multiple cards without hurting your credit score? Here are 11 key strategies

Live Mint  

Many people buy credit cards to earn rewards and cash back and benefit from the same. And no, multiple credit cards won't affect your credit score if managed responsibly. Today, let's explore some strategies to manage multiple credit cards without affecting your credit score. Set notification or account alerts Most credit cards give you the option to set alerts for various card activities, such as alerts for due dates, automatic payments, spending thresholds, and account balances. Reassess your card portfolio Every six months or so, you must carefully review your entire card portfolio and check whether you actually benefit from using multiple credit cards or not.

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Managing multiple credit cards? Here are 10 essential tips you need
2 weeks ago

Managing multiple credit cards? Here are 10 essential tips you need

Live Mint  

A credit card is considered one of the most convenient financial tools for making emergency payments. It is important to strategise expenses in line with your credit limit and make bill payments on time, especially when you have multiple credit cards. Make a budget Before using multiple credit cards or planning to get many cards, it is important to make …

What is credit card churning? Should you do it? Benefits, risks and how it works
3 weeks, 6 days ago

What is credit card churning? Should you do it? Benefits, risks and how it works

Live Mint  

Most credit card users are lured to them because of the rewards and benefits they offer. Credit card churning is a method of strategically opening and closing accounts to fully utilise rewards, bonuses, and other offers provided by credit cards. Advantages of credit card churning Higher savings: Various offers provided by multiple credit cards can help to save a lot …

Credit Score: 7 effective steps to follow to maintain good credit history
9 months, 2 weeks ago

Credit Score: 7 effective steps to follow to maintain good credit history

Live Mint  

By following responsible financial habits, you can build and maintain a strong credit history, which will open doors to better loan terms, lower interest rates, and greater financial opportunities in the future. One can take a number of steps which include paying bills on time, keeping credit card balances low, keeping track of credit score and opting for secured credit …

Know about Pros and Cons of Owning Multiple Credit Cards
3 years, 11 months ago

Know about Pros and Cons of Owning Multiple Credit Cards

News 18  

Credit cards have become a primary way for consumers to pay for their purchases. The convenience, offers and rewards attached to the credit cards makes it easy for people even to drift away from their budget. Consumers holding multiple cards can spread their spending according to the reward points structure of the cards. Having multiple cards also helps in reducing …

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